NAG 7.14% 1.5¢ nagambie resources limited

ANTIMONY = $$$, page-3

  1. 55,877 Posts.
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    Great post DNPE

    Keep in mind that China produces 78% of the worlds antimony with Russia and Kyrgistan both on 4%.

    That leaves only 14% available if the Chinese, Russians and Kyrgis decide not to supply the west.

    So far NAG have intercepted Sb in every hole drilled except one and that is probabaly why the Omanis are very keen have a continued dialogue with NAG.

    SPMP in Oman can produce about 20,000 tonnes  p.a. of antimony products but they need the raw materials to reach these levels.  If NAG continue finding high grade Sb in C1 - C2 and subsequent C veins then they could become one of the biggest antimony miners in the western world

    The 10 high-grade intersections within the MCOG (mineable cut-off grade) zones for the C1 and C2 vein systems to date average 16.3 g/t AuEq (gold equivalent) with average antimony and gold being 6.3% Sb and 4.3 g/t Au respectively.

    https://www.asianmetal.com/news/data/1540925/Oman's 1st antimony, gold processing facility to reach full production
    Last edited by mogga: 05/02/23
 
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